DUBLIN--(BUSINESS WIRE)--The "Bluetooth Speakers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 4th edition of the report. The 148-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Bluetooth Speakers Market to Reach $44.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Bluetooth Speakers estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$44.9 Billion by 2027, growing at a CAGR of 32.7% over the period 2020-2027.
Portable, one of the segments analyzed in the report, is projected to record 34.2% CAGR and reach US$35.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fixed segment is readjusted to a revised 28.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 40.6% CAGR
The Bluetooth Speakers market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$12.1 Billion by the year 2027 trailing a CAGR of 40.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.9% and 29.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 28% CAGR.
Competitors identified in this market include, among others:
- Altec Lansing
- Best It World Pvt. Ltd. (iBall)
- Bose Corporation
- Harman International Industries, Inc.
- JVC Kenwood Corporation
- Koninklijke Philips N.V.
- LG Electronics Inc.
- Logitech International SA
- Plantronics, Inc.
- Samsung Corporation
- Shure Incorporated
- Sony Corporation
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/k85if3